First Connecticut Bancorp CFO Gregory A. White Sells 1,445 Shares (FBNK)
First Connecticut Bancorp (NASDAQ:FBNK) CFO Gregory A. White sold 1,445 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $15.55, for a total value of $22,469.75. Following the completion of the sale, the chief financial officer now directly owns 63,764 shares in the company, valued at approximately $991,530. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Shares of First Connecticut Bancorp (NASDAQ:FBNK) traded up 0.26% during mid-day trading on Friday, hitting $15.44. 437 shares of the company’s stock traded hands. First Connecticut Bancorp has a 1-year low of $13.72 and a 1-year high of $17.00. The stock has a 50-day moving average of $15.33 and a 200-day moving average of $15.59. The company has a market cap of $231.2 million and a P/E ratio of 41.62.
First Connecticut Bancorp (NASDAQ:FBNK) last released its earnings data on Thursday, July 24th. The company reported $0.14 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.10 by $0.04. Analysts expect that First Connecticut Bancorp will post $0.55 EPS for the current fiscal year.
Separately, analysts at S&P Equity Research downgraded shares of First Connecticut Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, June 20th.
First Connecticut Bancorp, Inc (NASDAQ:FBNK) is a stock holding company.
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